Major Rating Factors:
Good current capitalization (6.4 on a scale of 0 to 10) based on a risk-based capital ratio of 20.9 and a capital leverage ratio of 8.4. Operating profits as a percentage of assets at 1.6%, coupled with a return on assets of 1.6 has resulted in Good (6.0) profitability.
Other Rating Factors:
A five year analysis of stability tests including evaluations of capital adequacy, asset growth, and profitability lead to a Fair overall stability index (4.9 on a scale of 0 to 10). Fair liquidity 4.6, driven by a liquidity ratio of 24.2 percent and a “hot money” ratio of 4.8 percent.
Asset Mix:
Securities (60%), comm loans (17%), cash (7%), comm re (5%), consumer loans (3%), home mtgs (2%), home eq lns (1%), other (5%)
States with Branches:
NM
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Lea County Bancshares, Inc.
Investment Rating
--
Address
1017 North Turner Street
Hobbs, NM 88240
Hobbs, NM 88240
Phone Number
(575) 397-4511
Year Founded
1928
FDIC Number
Website
Largest Affiliates
No affiliate information available.